by William Bronchick | Jun 17, 2019 | Economic News
Have you ever promoted a meeting, workshop, or seminar, and find that it’s half empty 10 days before the event?? It’s called the “Heart Attack Curve”. 50% of people will sign up for an event in the last 10 days, no matter how long you promote...
by Phyllis Rockower | Oct 1, 2013 | Economic News
5 giant banks agreed to keep folks in their homes so they would not get sued. Surprise!!! It ain’t working. Ca. attorney general, Kamala Harris set a preference for debt forgiveness which is the most effective way to keep people in their homes.That did not...
by Phyllis Rockower | Jul 23, 2013 | Economic News
Fannie Mae said today that they have not changed their original forecast- growth will pick up in the second half of 2013. Consumer fundamentals – steady job creation, recovery highs in consumer confidence – are supporting an improving picture of economic...
by Phyllis Rockower | Jul 22, 2013 | Economic News
The state’s unemployment rate fell to 8.5% in June, according to figures released Thursday by the state’s Employment Development Department. That’s down from 10.6% in June 2012, the steepest decline by any state during that time period. It’s not...
by Phyllis Rockower | Jul 16, 2013 | Economic News
From May 3 to July 12th , interest rates really zoomed. Is it enough to stall the housing recovery? Fannie Mae’s Mark Palim says there is no historical precedent for knowing the impact on the housing market of an interest rate change, either up or down, because...
by Phyllis Rockower | Jul 13, 2013 | Economic News
Most banks initiate loans and then sell them off and merely remain as servicing agents. A portfolio lender holds loans in its own portfolio. The big bank boondoogle in the last few years was caused in part by the massive selling off of bad loans to unsuspecting...